Average Credit Card Debt by Age in 2024

Average Credit Card Debt by Age in 2024 - Experian

Average credit card balances have increased the most for millennials and Generation X, much more than balances of the two older generations.

Average Credit Card Debt By Age - CNBC

The average millennial has over $4,000 in credit card debt—other generations have more · Gen X and Gen Z have the highest and lowest credit card debt, ...

Average Credit Card Debt Study 2024 – Forbes Advisor

According to data released by the Federal Reserve, credit card balances increased by $27 billion in the second quarter of 2024 to $1.14 trillion ...

2024 Credit Card Debt Statistics | LendingTree

Americans' total credit card balance is $1.166 trillion in the third quarter of 2024, according to the latest consumer debt data from the Federal Reserve Bank ...

Credit Card Debt by Generation (2024) - WalletHub

The average credit card debt held by Gen X (ages 43-58) is $8,134, according to Q3 2022 data from the credit bureau Experian. One reason Gen X's credit card ...

How much credit card debt Americans have by age - CNBC

The average credit card balance for Gen Xers, defined at those between the ages of 43 and 58, rose to $9,123 in the third quarter of 2023, ...

What's the average amount of credit card debt Americans carry?

Credit card debt has been rising since Q1 2021 · Amount of average debt rose $75 from 2023 to 2024 · Men and women have a similar amount of debt.

Average credit card debt by age in 2024 | Raleigh News & Observer

Experian analyzes its own data and Federal Reserve reporting to assess current levels of credit card debt by age of cardholders.

Average Credit Card Debt in 2024 & Historical Balances - WalletHub

Average Credit Card Debt: ... The average credit card balance is $10,680 per household, as of Q2 2024. Adjusted for inflation, the average ...

Average Credit Card Debt in America: 2024 - Money Geek

Average Credit Card Debt by Age ; 35–44. $2,900. $6,400. 53% ; 45–54. $3,000. $6,700. 57%.

Average American Debt in 2024: Household Debt Statistics

The average debt in America is $104,215 across mortgages, auto loans, student loans, and credit cards. · Debt peaks between ages 40 and 49 among ...

29 Credit Card Debt Statistics For 2024 That You Should Know

WalletHub reports that U.S. consumers took on an additional $43 billion in credit card debt during Q2 2024, more than triple the average amount ...

What is the average credit card debt? - USA Today

Key points · Average credit card debt in America is $8,674, based on 2024 data from the Federal Reserve and the U.S. Census Bureau. · Credit card ...

Average American Credit Card Debt in 2024 | The Motley Fool

How much credit card debt does the average American have? The average balance is $6,501 as of the third quarter of 2023, according to Experian.

Average Credit Card Debt by Age 2024 | ConsumerAffairs®

Those between the ages of 40 and 49 have the highest amount of credit card debt, making up for about 23% of the total debt in that category.

Bankrate's 2024 Credit Card Debt Report

As of June 2024 polling, half (50 percent) of credit cardholders carry credit card debt from month to month, according to Bankrate's latest Credit Card Debt ...

Average debt in America: 2024 statistics - USA Today

Take a look at current American consumer debt statistics broken down by debt type, age and other demographics.

Credit Card Statistics And Trends 2024 – Forbes Advisor

When it comes to median credit card debt, the 55 to 64 and 65 to 74 age groups rank the highest at $3,500. The 55 to 64 age group also ranks ...

What Is the Average American Debt by Age? - Synchrony Bank

Discover how generations from Gen Z to Baby Boomers manage debt, with insights into mortgages, student loans, credit card balances and more.

Average American Debt by Age and Generation: 2023 | Credit Karma

Age group with highest average total debt: 43- to 58-year-olds (Gen X) ; Age group with highest average credit card debt: 43- to 58-year-olds ( ...